EPCL's subsidiary, Engro Peroxide, commissions Rs11.7bn hydrogen peroxide plant

February 17, 2025 (MLN): Engro Polymer & Chemicals Limited's (PSX: EPCL) wholly owned subsidiary, Engro Peroxide (Private) Limited, has successfully commissioned its Rs11.7 billion hydrogen peroxide plant.

This project has been developed with investment from the International Finance Corporation (IFC) to support EPCL’s expansion in the hydrogen peroxide market.

The project marks a major milestone in its journey of undertaking investments that drive Pakistan’s economic growth, according to the company's filing on PSX revealed today.

The commissioning of this plant aligns with the company’s growth objectives towards diversifying product lines, enhancing operational efficiencies, and meeting market demand more effectively.

With an installed annual capacity of 28,000 tons, the hydrogen peroxide plant features state-of-the-art Chematur technology.

By ensuring sufficient local production, EPCL will enable import substitution of around $11 million, reducing reliance on foreign suppliers and strengthening Pakistan’s industrial base.

The company will manufacture and market its high-quality hydrogen peroxide solution, PureOxide, under its wholly owned subsidiary, Engro Peroxide (Private) Limited.

As the only hydrogen peroxide manufacturer in southern Pakistan, the company aims to be a responsible supplier offering high quality, reliable delivery, and safe packaging with its PureOxide brand. 

Customers will benefit from lower lead time and costs through just-in-time deliveries in a safety-compliant fleet.

PureOxide will be transported in 100% virgin HDPE jerry cans, featuring pressure-release technology to prevent explosions and a vapor-blocking membrane to mitigate fire risks.

Additionally, PureOxide has a lower carbon footprint and higher energy efficiency as EPCL derives hydrogen as part of its caustic manufacturing process.

Commenting on the milestone, Abdul Qayoom Shaikh, CEO of EPCL, said, "Our HPO business will strengthen local industries, especially export-oriented textiles players, who will be able to source a high-quality product locally".

"With unmatched quality, safety, and sustainability, we are confident that PureOxide will become the preferred choice for customers in Pakistan and beyond", he added.

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